Recommendation: NO
Current Price: $301.96
Total Wheels: 15
EditTypically you want to choose options that have a higher than 70% chance of being out of the money, since then you only have a 30% chance of actually acquiring the stock. Beyond that maximumizing the annualized rate of return is a good idea.
Annualized rate of return is computed fairly bullish as (max_return * odds + (1 - odds)) ^ (252 / calendar_days). This assumes that if you accidently acquire the stock you will be able to do something such that effectively get you a 1x return immediately.
| Ticker | Strike | Premium | Ticker Price | Calendar Days To Expiration | Odds Out Of The Money % | Maximum Return % | Annualized Rate Of Return |
|---|---|---|---|---|---|---|---|
| MDB | 300.0 | 19.35 | 301.96 | 13 (2026-05-29) | 54.99% | 6.45% | 1.97x |
| MDB | 280.0 | 15.85 | 301.96 | 27 (2026-06-18) | 67.62% | 5.66% | 1.42x |
| MDB | 290.0 | 31.85 | 301.96 | 73 (2026-08-21) | 61.51% | 10.98% | 1.25x |
| MDB | 280.0 | 27.3 | 301.96 | 73 (2026-08-21) | 65.58% | 9.75% | 1.24x |
| MDB | 290.0 | 38.1 | 301.96 | 93 (2026-09-18) | 61.89% | 13.14% | 1.24x |
| MDB | 280.0 | 33.6 | 301.96 | 93 (2026-09-18) | 65.37% | 12.00% | 1.23x |
| MDB | 270.0 | 23.2 | 301.96 | 73 (2026-08-21) | 69.53% | 8.59% | 1.22x |
| MDB | 270.0 | 29.25 | 301.96 | 93 (2026-09-18) | 68.77% | 10.83% | 1.21x |
| MDB | 260.0 | 25.3 | 301.96 | 93 (2026-09-18) | 72.08% | 9.73% | 1.20x |
| MDB | 250.0 | 21.9 | 301.96 | 93 (2026-09-18) | 75.20% | 8.76% | 1.19x |